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Novacard Hits 300,000 Users, Tripling 2026 Digital Base
By Duncan Randall - Tue, 09/29/2026 - 11:54
Fintech platform Novacard reaches 300,000 users in Mexico, tripling its customer base in 2026 as demand for transparent digital credit expands.
https://mexicobusiness.news/tag/banco-de-mexico
More Finance & Fintech
Mexico Returns to Japan Market With Samurai Bond Issuance
By Duncan Randall - Wed, 08/26/2026 - 13:48
SHCP returns to Japan's financial market with a multi-tranche Samurai bond issuance scheduled for Aug. 28, 2026, to diversify sovereign debt.
Banxico Warns 3.0% Inflation Target May Shift to Late 2027
By Duncan Randall - Fri, 08/21/2026 - 10:08
Banxico's Governing Board warned that Mexican inflation will decline more gradually than projected, with target convergence delayed until late 2027.
Major Banks Settle US$86 Million Mexican Bond Antitrust Lawsuit
By Duncan Randall - Mon, 08/17/2026 - 10:13
Bank of America and major peers settled a US$86.4 million lawsuit over Mexican bond rigging, bringing total payouts in the case to US$107.1 million.
Mexico's ESG Bond Market Surges 132% in 1H26, Hits MX$197 Billion
By Duncan Randall - Thu, 08/13/2026 - 11:47
Mexico's sustainable bond market grew 132% in 1H26 to MX$197 billion, driven by sovereign benchmark issuances and SHCP's updated Sustainable Taxonomy.
Sheinbaum Meets Goldman Sachs COO Waldron on Plan México
By Duncan Randall - Wed, 08/12/2026 - 10:35
President Claudia Sheinbaum met Goldman Sachs COO John E. Waldron to discuss market perceptions and investment under Plan México
Mexico Credit Card Balances Surge 8.2% in June to MX$709 Billion
By Duncan Randall - Tue, 08/11/2026 - 12:52
Mexico credit card balances grew 8.2% to MX$709 billion in June 2026, driven by World Cup spending despite rising consumer delinquency rates.
Cobre Clears $1.5 Billion Monthly in Mexico as B2B Payments Surge
By Duncan Randall - Fri, 08/07/2026 - 10:43
Cobre processes $1.5 billion monthly in Mexico as enterprise adoption of real-time SPEI payments and FX risk management tools surges in 2026.
SME Liquidity Key to Expanding Mexico-US Exports
By MBN Staff - Thu, 08/06/2026 - 17:23
Mexico's SMEs face liquidity, FX and regulatory challenges as trade boosts export opportunities, increasing demand for fintech financing solutions.

Mexico GDP Growth Projections Revised as Remittances Expand 3.1%
By Duncan Randall - Thu, 08/06/2026 - 11:24
This week in finance: Private analysts revise Mexico’s GDP growth projections to 1.1-1.2% as remittances expand 3.1% to US$30.759 billion.
Mexican Consumer Confidence Rises in July Despite Job Worries
By Sergio Arturo Lievano Madrigal - Wed, 08/05/2026 - 15:05
Mexico's Consumer Confidence Indicator rose 1.1 points to 45 in July 2026, its sharpest gain in a year, though job and savings concerns persist.